Today on INK Ultra Money it is all about mining. For those following the uranium space, today Real Vision has a must watch interview with Arthur Hyde, partner and co-portfolio manager at Segra Capital Management. Already, between the time of filming and release of the video, one of Hyde's predictions has already happened. Meanwhile, INK takes a look at Taseko Mines (TKO) which has continued opera...Read More

Teledoc announced preliminary first-quarter revenue that exceeded expectations Teladoc Health Inc (NYSE:TDOC) this morning announced preliminary first-quarter revenue between $180 and $181 million, exceeding analysts estimates. The expected revenue spike is due in large part to a massive coronavirus-related surge in demand, with the company adding that virtual visits in the U.S. are now exceeding...Read More

GS is still up 11% in AprilEarnings season is here, and first up to bat are the big-name bankers. Goldman Sachs Group Inc (NYSE:GS) is down 4.6% to trade at $170 this morning, after the investment banking company reported adjusted first-quarter earnings of $3.11 per share, lower than Wall Street's estimated $3.35 per share and a 49% drop year-over-year. Though revenue was higher, it was outweighed...Read More

Piper Sandler upgraded General Mills to "overweight" from "neutral" Packaged food producer General Mills, Inc. (NYSE:GIS) is up 1% at $59.41 after Piper Sandler upgraded the equity to "overweight" from "neutral" and lifted its price target to $67 from $59. The analyst said General Mills' recent retail trends and limited exposure to the foodservice space indicates that it is well positioned to outp...Read More

Goldman Sachs' first-quarter earnings missed analyst estimatesThe roller-coaster week is set to continue, with Dow Jones Industrial Average (DJI) futures pointing to a sharp triple-digit drop. Investor jitters are at an all-time high, as earnings reports trickling in start to signal the impact of the coronavirus outbreak on the economy. Banking blue chip Goldman Sachs (GS) is a notable laggard, af...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report final assay results from the winter 2020 drilling program at the Hurricane zone. Discovered in 2018 at the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization. Larocque East is 100% owned by IsoEnergy and is located in the prolific Eastern Athabasca Basin of Sa...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 14 that are worth another look.Toyota Motor Corp has decided to again postpone the reopening of its automaking plants in Brazil by two months amid plunging demand and in order to prevent the Covid-19 virus from spreading among its workers, the company said on Monday April 13.The Covid-19 pandemic has inevitably drawn comparis...Read More

Aluminium premiums fell across the globe during the past week, on weakened demand due to Covid-19 lockdowns and a wider contango spread between cash and three-month contracts on the London Metal Exchange which is supportive to traders holding the metal.Rotterdam down amid smelters focusing on P1020A ingotsMJP premium steady on lower market liquidityUS Midwest hits lowest level since January 2018Eu...Read More

London Metal Exchange three-month base metals prices, with the exception of lead, continued their upward momentum at the close on Tuesday April 14, buoyed by positive China customs data and ebbing virus concerns in other regions, including the United States. China's trade balance figures for March, which measure the difference in value between imported and exported goods month on month, were annou...Read More

Jack ChanPosted Apr 14, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio is on a BUY signal.Gold remains bullish in the long-term.Major support and resistance, and a median price are now...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 14 that are worth another look.Toyota Motor Corp has decided to again postpone the reopening of its automaking plants in Brazil by two months amid plunging demand and in order to prevent the Covid-19 virus from spreading among its workers, the company said on Monday April 13.The Covid-19 pandemic has inevitably drawn comparis...Read More

A summary of base metals premiums from across the globe for the week to Tuesday April 14.Please click...Read More

The IMF projected global growth to fall to -3% in 2020, a downgrade of 6.3 percentage points from January, "a major revision over a very short period".The projection also assumed the COVID-19 pandemic and required containment would peak in the second quarter for most countries and recede in the second half of the year.Most key markets closed higher yesterday, with the S&P 500 up 3.06% and the...Read More

The chrome ore market appreciated on Tuesday April 14 due to bullish price sentiment after South Africa's lockdown was extended beyond the original 21 days. The chrome ore UG2 index, cif China rose by 17.5% to $134 per tonne on Tuesday, after holding at $114 for the previous three weeks. A small-volume deal was reported close to the new index level for material on a vessel that was on water a...Read More

Here are five Fastmarkets stories you might have missed on Tuesday April 14 that are worth another look.Toyota Motor Corp has decided to again postpone the reopening of its automaking plants in Brazil by two months amid plunging demand and in order to prevent the Covid-19 virus from spreading among its workers, the company said on Monday April 13.The Covid-19 pandemic has inevitably drawn comparis...Read More

The uncertainties surrounding cobalt supply and demand in the near term amid the continuing Covid-19 pandemic has led more Chinese salts smelters to take on tolling business to mitigate risk.The virus has had an unprecedented effect on the global economy with manufacturing sectors around the world forced to slow in attempts to halt its spread, a dynamic which eventually dented buying interest for...Read More

Ferrous scrap prices in the Mexican steelmaking regions of Monterrey and Baj?-o were mostly unchanged week on week, but market participants anticipated a series of price cuts after the United States' monthly domestic scrap settlement for April.Some steel producers in Mexico's Baj?-o region announced a price cut of 200 pesos per tonne in scrap purchases for the ongoing week, after it became known t...Read More

Turkish deep-sea scrap import prices increased again on Tuesday April 14 because of the limited supplies coming from Europe and the United States, sources told Fastmarkets.A steel mill in the Iskenderun region booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $257 per tonne, 12,000 tonnes of shredded at $262 per tonne and 3,000 tonnes of bonus at $267 per tonne cfr.Another steel mi...Read More

Turkish domestic ferrous-scrap prices have continued to increase during the week to Monday April 13, in line with rising imported steel-scrap values, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,515-1,700 lira ($224-252) per tonne on Tuesday April 14, up from 1,380-1,515 lira per tonne last week.Steel producers a...Read More

Markets are looking brighter this morning Tuesday April 14, on a combination of more mining production cuts, a deal on an oil supply cut, better Chinese trade data that showed imports were only down by 0.9% year on year in March and some reopening of businesses in Europe. There is light at the end of the tunnel but it is early days in the plateauing of the Covid-19 pandemic in Europe and the Unite...Read More